Congratulations to our friends @ethena_labs and @JupiterExchange!
Another stablecoin built on @BlackRock's BUIDL, tokenized by Securitize.
Introducing JupUSD: the native stablecoin of the @JupiterExchange ecosystem built on Ethena's Stablecoin-as-a-Service stack.
JupUSD will plug into every major part of the Jupiter stack, including:
- Jupiter Perps: where the ~$750m in stablecoins inside of JLP will gradually be replaced by JupUSD
- Jupiter Lend as the cornerstone lending asset
Excited to be partnering with one of the best teams on Solana.
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